Broome County Voa Housing

“The organization's governing body delegated board authority to an executive committee. The executive committee is composed of the following four officers: chair, president, secretary, and treasurer. There are no executive committee members who are not on the governing body. The executive committee has the authority of the governing body in the management of the business of the organization.”

“The organization has no employees, and has delegated control over certain property management duties to Metro Interfaith Services pursuant to a property management agreement. Volunteers of America National Services, as the parent and sponsoring corporation, assists in providing to its subordinate corporations general and administrative supervision, financial management, quality assurance, regulatory compliance, real estate development and strategic planning.”

“Volunteers of america, inc. Has the right to appoint or approve directors. This right, in turn, has been transferred to volunteers of america national services.”

“The articles of incorporation and bylaws of the corporation may not be amended without the prior written approval of the Secretary of the U.S. Department of Housing and Urban Development. Directors may be removed with or without cause at the request of the U.S. Department of Housing and Urban Development. The bylaws may not be amended without the prior written consent of Volunteers of America, Inc.”

“The final Form 990 is reviewed by Asset Management and an officer of the Board of Directors prior to filing with the IRS. All members of the organization's Board of Directors and all officers of the board are also provided an opportunity to review the Form 990 in electronic form immediately prior to filing.”

“The policy requires officers, directors and key employees to disclose annually interests that could give rise to conflicts. The policy and disclosure form are distributed and collected annually, and individuals are required to update the disclosure form throughout the year in the event actual or potential conflicts arise. Conflicts of interest are reviewed by the board of directors. Persons with a conflict are prohibited from participating in the governing body's deliberations and decisions in the transaction.”

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.”

“The process for audit oversight and auditor selection has not changed from the prior year.”